FIJEX Fees and Costs — Frost Total Return Bond Fund, Institutional Class Shares
Data updated: 2026-10-13
The net expense ratio is 0.46%: a 0.35% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 66%.
FIJEX Fees and Expenses
Annual operating expenses and sales charges of FIJEX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.46% |
| Fee waiver | — |
| Net expense ratio | 0.46% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FIJEX Costs Over Time
On $10,000 invested in FIJEX, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.46%) | $48 | $152 | $264 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
FIJEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $14.9B
- Portfolio turnover (prospectus): 66%
FIJEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF NEW YORK | $6.9B | 60.09% |
| MONTGOMERY/BANK OF AMERICA | $826.7M | 7.19% |
| J P MORGAN CHASE BANK | $776.5M | 6.75% |
| RBC CAPITAL | $611.6M | 5.32% |
| BLAIR, WILLIAM, & COMPANY, L.L.C. | $584.4M | 5.08% |
| CITIGROUP | $548.4M | 4.77% |
| RBC DAIN RAUSCHER INC. | $368.9M | 3.21% |
| WELLS FARGO SECURITIES, LLC | $332.8M | 2.89% |
| MORGAN STANLEY & CO, INC | $309.7M | 2.69% |
| CHASE SECURITIES, INC. | $231.2M | 2.01% |
Frost Total Return Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIJEX | Institutional Class Shares | 0.46% | — |
| FATRX | Investor Class Shares | 0.71% | — |
| FAJEX | A Class Shares | 0.81% | 2.50% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.